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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 2005987 times)
Mrpumperitis
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November 22, 2016, 07:15:30 AM
 #11621

Great to see local energy trading get some big players involved.
http://www.coindesk.com/ethereum-used-first-paid-energy-trade-using-blockchain-technology/   - Published on April 11, 2016

Two Brooklyn residents used the Ethereum blockchain today to facilitate a transaction that let one sell energy directly to the other.
The neighbors accomplished the exchange thanks to LO3, a green energy startup working to do to the energy industry what blockchain is already doing to banks.
 
http://www.ethnews.com/blockchain-startup-lo3-energy-to-collaborate-with-siemens-on-microgrids?platform=hootsuite -November 22nd 2016
When a startup like LO3 teams up with such an established company, a wider adoption of blockchain technology becomes possible. Since Siemens already has microgrid technology, that leaves LO3 free to focus on the distribution of power to the local grids, via Ethereum smart contracts.

 Shocked http://www.coindesk.com/blockchain-energy-startup-patent/  Published on November 1, 2016 Shocked
A Brooklyn blockchain startup has been awarded a patent by the US Patent and Trademark Office (USPTO) for its work using the tech to facilitate peer-to-peer energy transfers.  Shocked

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becoin
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November 22, 2016, 10:58:20 AM
 #11622

When is the date for the next fork?
antaja
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November 22, 2016, 11:21:14 AM
 #11623

When is the date for the next fork?

at block 2.675.000
in about 5 hours
NanoPipe
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November 22, 2016, 11:30:39 AM
 #11624

When is the date for the next fork?

https://blog.ethereum.org/2016/11/18/hard-fork-no-4-spurious-dragon/

Hard Fork No. 4: Spurious Dragon

Posted by Hudson Jameson on November 18th, 2016.
The Ethereum network will be undergoing a hard fork at block number 2,675,000, which will likely occur between 15:00 and 16:00 UTC on Tuesday, November 22, 2016. A countdown timer can be seen at https://fork.codetract.io/. The Morden test network will be undergoing a hard fork at block number 1,885,000.

As a user, what do I need to do?

Download the latest version of your Ethereum client:

Latest version of Ethereum Wallet/Mist (v0.8.7)
Latest geth client (v1.5.2)
Latest Parity client (v1.4.4)
Latest ruby-ethereum client (v0.11.0)
What happens if I do not update my client?

If you are using an Ethereum client that is not updated for the upcoming hard fork, your client will sync to the pre-fork blockchain once the fork occurs. You will be stuck on an incompatible chain following the old rules and you will be unable to send ether or operate on the post-fork Ethereum network.

Importantly, if your client is not updated, it also means that any transactions you make will still be susceptible to replay attacks.

What if I am using a web or mobile Ethereum wallet like MyEtherWallet or Jaxx?

Ethereum websites and mobile applications that allow you to store ether and/or make transactions are running their own Ethereum client infrastructure to facilitate their services. Generally, you do not need to do anything if you use a third party web based or mobile Ethereum wallet. However, you should still check with your web or mobile Ethereum wallet provider to see what actions they are taking to update for the hard fork and if they are asking their users to take other steps.

In particular, you should ensure that transactions are generated with the new replay-protected EIP 155 scheme.

What do I do if my Ethereum client is having trouble syncing to the blockchain?

Make sure you have downloaded the latest version of your Ethereum client.

If you are using Geth or Mist, refer to this Ethereum StackExchange thread.
If you are using Parity, refer to this section of the Parity wiki.
Why are we proposing to hard fork the network?

“Spurious Dragon” is the second hard fork of the two-round hard fork response to the DoS attacks on the Ethereum network in September and October. The previous hard fork (a.k.a “Tangerine Whistle”) addressed immediate network health issues due to the attacks. The upcoming hard fork addresses important but less pressing matters such as further tuning opcode pricing to prevent future attacks on the network, enabling “debloat” of the blockchain state, and adding replay attack protection.

What changes are a part of this hard fork?

The following Ethereum Improvement Proposals (EIPs) describe the protocol changes implemented in this hard fork.

EIP 155: Replay attack protection – prevents transactions from one Ethereum chain from being rebroadcasted on an alternative chain. For example: If you send 150 test ether to someone from the Morden testnet, that same transaction cannot be replayed on the main Ethereum chain. Important note: EIP 155 is backwards compatible, so transactions generated with the “pre-Spurious-Dragon” format will still be accepted. However, to ensure you are protected against replay attacks, you will still need to use a wallet solution that implements EIP 155.
Be aware that this backwards compatibility also means that transactions created from alternative Ethereum based blockchains that have not implemented EIP 155 (such as Ethereum Classic) can still be replayed on the main Ethereum chain.
EIP 160: EXP cost increase – adjusts the price of `EXP` opcode so it balances the price of `EXP` with the computational complexity of the operation, essentially making it more difficult to slow down the network via computationally expensive contract operations.
EIP 161: State trie clearing – makes it possible to remove a large number of empty accounts that were put in the state at very low cost as a result of earlier DoS attacks. With this EIP, ’empty’ accounts are removed from the state whenever ‘touched’ by another transaction. Removal of the empty accounts greatly reduces blockchain state size, which will provide client optimizations such as faster sync times. The actual removal process will begin after the fork by systematically performing `CALL` to the empty accounts that were created by the attacks.
EIP 170: Contract code size limit – changes the maximum code size that a contract on the blockchain can have. This update prevents an attack scenario where large pieces of account code can be accessed repeatedly at a fixed gas cost. The maximum size has been set to 24576 bytes, which is larger than any currently deployed contract.
weryo
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November 22, 2016, 05:25:06 PM
 #11625

The hardfork has happened now  Smiley
Sidtamfia
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November 22, 2016, 05:50:20 PM
 #11626

The hardfork has happened now  Smiley

So the price just dropped? Maybe it is not ETH specific as I saw many other altcoin price also dropped now.
Mrpumperitis
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November 22, 2016, 05:57:13 PM
 #11627




               


ETH back to over $10 very soon... Smiley 



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flyingdutchmen
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November 22, 2016, 06:35:28 PM
 #11628



ETH back to over $10 very soon... Smiley 




Stop spreading this shit! Last time you said it will go to 20 and see what happened.

You have zero credit in this community.

mamau
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November 22, 2016, 06:58:55 PM
 #11629

This fork just made Ethereum stronger from my opinion. I will try long  Smiley
flyingdutchmen
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November 22, 2016, 07:13:43 PM
 #11630

To me, ETH is a big bubble. It is beginning to burst.
That is why I mine it and dump right away since the DAO fiasco.
Some people  (not much) are trying hard to hype it, but not many people buy their hype.
The major world ignores it.
The dev use it as a tool to make money, based on what we saw in the DAO fiasco and the recent many so-called ICOs. Through the DAO fiasco, I believe the future of ETH have been clear to me.

My suggestion to those who are new to ETH:

Invest no more than what you can afford.

Do not trust the hype news and the beautiful future of this coin, it is just a strategy to get your money.

becoin
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November 22, 2016, 07:15:26 PM
 #11631

When is the date for the next fork?
innovator256
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November 22, 2016, 07:22:27 PM
 #11632

it happened already
flyingdutchmen
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November 22, 2016, 07:32:45 PM
 #11633

it happened already

I believe you do not get what he means in the "NEXT".

Mrpumperitis
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November 22, 2016, 10:17:34 PM
 #11634



ETH back to over $10 very soon... Smiley 




Stop spreading this shit! Last time you said it will go to 20 and see what happened.

You have zero credit in this community.

yea i remember ...it went to $22 ....  Tongue Tongue Tongue Tongue Tongue


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Mrpumperitis
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November 22, 2016, 10:23:15 PM
 #11635

To me, ETH is a big bubble. It is beginning to burst.
That is why I mine it and dump right away since the DAO fiasco.
Some people  (not much) are trying hard to hype it, but not many people buy their hype.
The major world ignores it.
The dev use it as a tool to make money, based on what we saw in the DAO fiasco and the recent many so-called ICOs. Through the DAO fiasco, I believe the future of ETH have been clear to me.

My suggestion to those who are new to ETH:

Invest no more than what you can afford.

Do not trust the hype news and the beautiful future of this coin, it is just a strategy to get your money.

lols the bubble burst a while ago...
 ETH  suffered from dao hack
 ETH  suffered from btc price increase
 ETH  suffered various network (gas) attacks since devcon2

Its still here...looking stronger to me than ever before.... Cool

ETH is still the #1 coin to buy when btc goes down  Wink
ETH is still the top performing currency on the planet for 2016  Tongue


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flyingdutchmen
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November 22, 2016, 10:43:34 PM
 #11636

To me, ETH is a big bubble. It is beginning to burst.
That is why I mine it and dump right away since the DAO fiasco.
Some people  (not much) are trying hard to hype it, but not many people buy their hype.
The major world ignores it.
The dev use it as a tool to make money, based on what we saw in the DAO fiasco and the recent many so-called ICOs. Through the DAO fiasco, I believe the future of ETH have been clear to me.

My suggestion to those who are new to ETH:

Invest no more than what you can afford.

Do not trust the hype news and the beautiful future of this coin, it is just a strategy to get your money.

lols the bubble burst a while ago...
 ETH  suffered from dao hack
 ETH  suffered from btc price increase
 ETH  suffered various network (gas) attacks since devcon2

Its still here...looking stronger to me than ever before.... Cool

ETH is still the #1 coin to buy when btc goes down  Wink
ETH is still the top performing currency on the planet for 2016  Tongue



Seriously you believe the bubble is burst?
To me, the ETH bubble is far from burst yet. When it burst, it will not be a 50% dump, but far more than that. If you are long enough in alt coin world, you know what I mean.
From what I know, the majority of people in crypto have no trust in ETH. It is an altcoin with huge hype.
What happened to ETH and how the dev handled those failures make ETH doomed for sure.

It is just another pump and dump coin.

That is why I try to warn those who are new to ETH.
Do your research, and do not trust the hype.

IncludeBeer
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November 23, 2016, 05:57:01 AM
 #11637

To me, ETH is a big bubble. It is beginning to burst.
That is why I mine it and dump right away since the DAO fiasco.
Some people  (not much) are trying hard to hype it, but not many people buy their hype.
The major world ignores it.
The dev use it as a tool to make money, based on what we saw in the DAO fiasco and the recent many so-called ICOs. Through the DAO fiasco, I believe the future of ETH have been clear to me.

My suggestion to those who are new to ETH:

Invest no more than what you can afford.

Do not trust the hype news and the beautiful future of this coin, it is just a strategy to get your money.

lols the bubble burst a while ago...
 ETH  suffered from dao hack
 ETH  suffered from btc price increase
 ETH  suffered various network (gas) attacks since devcon2

Its still here...looking stronger to me than ever before.... Cool

ETH is still the #1 coin to buy when btc goes down  Wink
ETH is still the top performing currency on the planet for 2016  Tongue



Seriously you believe the bubble is burst?
To me, the ETH bubble is far from burst yet. When it burst, it will not be a 50% dump, but far more than that. If you are long enough in alt coin world, you know what I mean.
From what I know, the majority of people in crypto have no trust in ETH. It is an altcoin with huge hype.
What happened to ETH and how the dev handled those failures make ETH doomed for sure.

It is just another pump and dump coin.

That is why I try to warn those who are new to ETH.
Do your research, and do not trust the hype.

I mean, it's your opinion, and you're entitled to have it.  Just don't go preaching around as if it's fact.  Imo, and I think my views are consistent with the majority of miners, devs have done an absolute wonderful job executing this project.  Ethereum has the tech and has accomplished what no other alt coin has.  That's the reason it has such a following.  Such a market cap.  So many other applications and services being developed on top of it.  What other coin has all this in the same quantities?  This coin lis literally the opposite of a pump and dump coin.  If you've been in altcoin world for long, you know what I mean.

I've done my research, and have profited quite well so far from Eth.  I'm confident I'll continue to do so.

https://www.cryptocoinsnews.com/ethereum-chart-issued-several-buy-signals/


Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
bitpop
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November 23, 2016, 06:13:28 AM
 #11638

When is the next hard fork?

IncludeBeer
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November 23, 2016, 06:20:26 AM
 #11639

When is the next hard fork?

PoS takes time to finish.  Tell the ETC devs they need to wait longer before they can copy ETH's next update  Cheesy Cheesy Cheesy

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
sxafir
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November 23, 2016, 06:41:34 AM
 #11640

When is the next hard fork?

PoS takes time to finish.  Tell the ETC devs they need to wait longer before they can copy ETH's next update  Cheesy Cheesy Cheesy
What wallet use to pos etherum and how many need etherum to stake?
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